Chart Of The Day thread

[Bumble]

[Bumble]

On 19/07/2022 at 15:20, Bumble said:

 

This diagram is taken from an official report of the Office of the Comptroller of the Currency, which is a bureau within the US Treasury Dept. The figures for Q1 2022 show a sharp increase in the size of precious metals contracts. These are mostly paper contracts and derivatives, and are what banks use to control the price of gold.

According to Alasdair Macleod, the increase in Q1 2022 is due to the rule changes under Basel 3, and is not of major significance.

[Bumble]

[Bumble]

[modofantasma]

Edited August 18, 2022 by modofantasma

[Stacktastic]

Bit vague, but to me it makes sense. 😛 

[Bumble]

Interestingly, the UK is one of the worst places in the world to try to generate solar power. Just too cloudy. For the benefit of Scottish readers, the sun is that yellow thing that occasionally appears in the sky and hurts your eyes when you gawp at it. 

[Bumble]

[Bumble]

This chart compares the cost of some common energy storage solutions (CAES is compressed air). For comparison, a Tesla Megapack currently works out at about $500 per kWh. What charts like this often don't show is that the cost of storing oil, which only requires a steel tank, works out at less than 1 cent per kWh. Astonishing: I had to check the numbers. Storing energy in batteries is about 30,000 times more expensive than storing it as oil. Or, to put it another way, one $2.4 million Tesla Megapack stores 3,900 kWh, which is the same as about two and a quarter barrels of oil, which can be stored for about 35 cents. 

[Stacktastic]

Crude oil looks a bit weak now.
Good for the common people especially if you have to heat your home & drive to work. 
Or more importantly if you have a fleet of vehicles on the road all day!!! 
And all other industries especially mining! 

The powers to be are trying to destroy our wealth, but it aint working is it.  
The best part is its not the Russia narrative thats causing it as nothing has changed on that front. 
You cant blame putin for it anymore as its nothing to do with him, well it is but not as much as the media portrays. 
This whole weakening of Euro zone recently has the hands of the US written all over it if you ask me (no proof of that though).

Edited October 19, 2022 by Stacktastic

[ArgentSmith]

[Bumble]

[Stacktastic]

Spot the difference!!
Great depression and now. 
Makes me a lot more confidence of a sudden collapse.  

[Bumble]

[Bumble]

Stock performance for 2022...

The best trade was long energy / short tech. Buffett did OK with a 4% gain. ARKK crashed 63%. Crispin Odey's flagship European Inc hedge fund was up 150% on the year by betting against long-dated gilts.

Edited January 8, 2023 by Bumble

[HerefordBullyun]

1 minute ago, Bumble said:

Stock performance for 2022...

The best trade was long energy / short tech. Buffett did OK with a 4% gain. ARKK crashed 63%.

Im still long energy - coal for certain Uranium towards the end of the Year

[Bumble]

[Bumble]

Bloomberg Commodities Index Charts. Lots of backwardation.

 

[Bumble]

US Federal interest payments are approaching $1 trillion a year.

[CowPat]

 

[Bumble]

[Bumble]

As of 1 August 2023

[Bumble]

[Bumble]

[CowPat]

BCH looking nice imho. Textbook Wyckoff accumulation, big bounce off the spring event, breakout and perfect back test of the highs from the breakout range.